Israel CyberTech

Cybertech 2018 brings together a whole lot of both well known and established cybersecurity companies and fledgling cybersecurity startups. Israeli cybersecuurity startups, many of them founded by graduates of Israel Defense Forces Unit 8200 (Israeli version of NSA), hungrily exploit all possible approaches and solutions in multifaceted world of cybersecurity. There is no a single “silver bullet” solution to resolve all cybersecurity concerns, large companies at Cybertech 2018 offer integral approach addressing different aspects of cybersecurity: access management, public key infrastructure, automatic network monitoring, etc. Small companies target specific cybersecurity challenges and niche markets.

From left to right: General (Ret.) David Petraeus, Former Director of CIA, Brig.Gen. Nadav Zafrir, Former Commander of Unit 8200, Chairman Yosi Vardi

Brig. Gen. (Ret) Nadav Zafrir, Co-Founder & CEO of Team8 and Former Commander of Unit 8200:
“The threat has become much more imminent. One of the reasons is the world becoming much more connected, enhancing the hackers’ capacity. At Team8 we wish to find a solution that combines the background of an organization like the IDF and the attacker’s philosophy, trying to think like him. We look for the next crises, for what will occur when different scenarios of technological advancement become a reality.”

David Petraeus, Former Director of CIA:
“According to various foreign publications, our cooperation has harmed significantly Iran’s nuclear program, so I am glad to sit here with Nadav. The bad guys show more creativity and ability to perform in a more complicated form.”

“The presence of many investors in Israel, including my own presence is to receive the latest new at first hand. It is not just a startup nation, but a scale-up nation, due to impressive foundations that had been laid here by previous generations of the industry. Counties which have good cyber capabilities reach far beyond their size and abilities. Not just maritime, air and land. The huge arena is constantly advancing; the request for partners and allies is tremendous. Israel is a small country in all aspects, but it is a cyber super power. The partnership between the United States and Israel has given the option to cope together against the counter threats, which is extremely important. The collaboration reaches new heights time and time again, far beyond what is being published in the media. It is a new domain of warfare, which will become a fully combatted command.”

“We must engage in the integrated comprehensive approach, not just the parameters or minimize the attacks, not enough to use AI enabled verification, but it has to be all combined and overseen, full time monitoring.”

Israeli cybersecurity technology is becoming a global force to reckon with. According to Market Research Media, the impact of Israeli cyber security technology on global marketplace in 2018 will reach $17 Billion, affecting about 20% of the global cybersecurity market. About $850 Million were invested in 2017 in Israeli cybersecurity startups, investment second only to the US in the same segment. The research has found that the Israeli cybersecurity technology companies make the mark on the global marketplace far exceeding (by factor of 3-5 times) the actual sales numbers. The market impact number does not reflect actual sales, rather it accounts for the effect of new technology on disrupting existing market revenues, savings from implementation of new technology, productivity jumps, monetary equivalent of benefits/value gains of new technology.